SKIENS AUTOMOBILVERKSTED AS

3717 SKIEN

Finances

Share Ownership

Return on Equity

1,55 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 072 000	4 077 000	3 863 000	3 694 000
Net Income	70 000	32 000	232 000	108 000
Total Assets	5 230 000	5 022 000	5 137 000	4 814 000
Total Equity	4 529 000	4 459 000	4 427 000	4 194 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 072 000	4 077 000	3 863 000	3 694 000
Expenditure	3 970 000	4 027 000	3 560 000	3 545 000
Operating Profit	103 000	50 000	303 000	147 000
Financial Income	4 000	15 000	2 000	1 000
Financial Costs	14 000	27 000	8 000	10 000
Financial Balance	−10 000	−12 000	−6 000	−9 000
Earnings Before Tax	92 000	37 000	298 000	139 000
Tax	22 000	5 000	65 000	31 000
Net Income	70 000	32 000	232 000	108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 586 000	3 598 000	3 608 000	3 580 000
Total Current Assets	1 644 000	1 424 000	1 529 000	1 235 000
Total Assets	5 230 000	5 022 000	5 137 000	4 814 000
Total Retained Equity	4 429 000	4 359 000	4 327 000	4 094 000
Total Equity	4 529 000	4 459 000	4 427 000	4 194 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	702 000	564 000	710 000	620 000
Total Equity and Debt	5 230 000	5 022 000	5 137 000	4 814 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 018 000	4 050 000	3 812 000	3 646 000
Other Income	54 000	27 000	50 000	48 000
Revenue	4 072 000	4 077 000	3 863 000	3 694 000
Cost of Goods Sold	1 669 000	1 784 000	1 435 000	1 415 000
Salary Costs	1 645 000	1 632 000	1 574 000	1 544 000
Depreciation	5 000	5 000	5 000	9 000
Impairment	0	0	0	0
Expenditure	3 970 000	4 027 000	3 560 000	3 545 000
Operating Profit	103 000	50 000	303 000	147 000
Financial Income	4 000	15 000	2 000	1 000
Financial Costs	14 000	27 000	8 000	10 000
Financial Balance	−10 000	−12 000	−6 000	−9 000
Dividends	0	0	0	10 000
Net Income	70 000	32 000	232 000	108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	81 000	88 000	93 000	60 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	10 000	15 000	20 000
Total Tangible Assets	5 000	10 000	15 000	20 000
Total Fiancial Fixed Assets	3 500 000	3 500 000	3 500 000	3 500 000
Total Fixed Assets	3 586 000	3 598 000	3 608 000	3 580 000
Stock	700 000	694 000	815 000	621 000
Total Investments	0	275 000	0	0
Cash, Bank	895 000	419 000	522 000	585 000
Total Current Assets	1 644 000	1 424 000	1 529 000	1 235 000
Total Assets	5 230 000	5 022 000	5 137 000	4 814 000
Total Equity	4 529 000	4 459 000	4 427 000	4 194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	167 000	79 000	103 000	72 000
Unpaid Taxes	197 000	176 000	204 000	190 000
Dividends	0	0	0	10 000
Other Current Debt	321 000	308 000	304 000	330 000
Total Current Debt	702 000	564 000	710 000	620 000
Total Equity and Debt	5 230 000	5 022 000	5 137 000	4 814 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,55 %	0,72 %	5,24 %	2,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,53 %	1,23 %	7,84 %	3,98 %
Current Ratio	2,34	2,52	2,15	1,99
Quick Ratio	822	−10,95	−14,56	−1 235
Equity Ratio	0,87	0,89	0,86	0,87
Gross Profit Margin	59,01 %	56,24 %	62,85 %	61,69 %